‘Will not be able to operate beyond FY26’: Vodafone Idea’s insolvency warning without government support on AGR dues

Telecom operator Vodafone Idea Limited (short VIL, commonly called Vi)informed the Department of Telecommunications (DoT) that it will not be able to continue operations beyond FY26 without government support on adjusted gross revenue (AGR) dues. The company said that ongoing discussions with banks for funding would stall in the absence of timely assistance. In a…

Read More

‘Big ban’ actions: How India is shunning Pakistan and its allies like Turkey & Azerbaijan – top 5 measures

Indian merchants, businesses, and consumers are increasingly severing commercial relationships with Pakistan and its allies like Turkey and Azerbaijan. (AI image) Indian companies and consumers are increasingly snubbing Pakistan and its allies after the Pahalgam terror attack and support of countries like Turkey and Azerbaijan to India’s neighbour during Operation Sindoor.Indian merchants, businesses, and consumers…

Read More

RBI forex income likely higher, set to push dividend payout to central government

The central bank’s income from foreign exchange reserves deployment in FY25 appears higher than the previous year, influenced by sustained elevated US treasury yields throughout several months, based on recent RBI data quoted by the Economic Times.This income, stemming from interest earnings on foreign assets, could contribute to an increase in the central bank’s dividend…

Read More